Progressive HealthCare Inc.

WHO ARE WE
Progressive Healthcare provides specialized clinical inpatient settings for those patients needing Long Term Acute Care Hospital service upon discharge from an acute care hospital. We refer to our hospitals as the “Acute Care Alternative.” We align with local general acute care facilities and area physicians as a continuation of a patient’s care who requires the next “hospital level” of care while transitioning to home, home health care, a skilled nursing setting, a rehabilitation facility or other post acute care levels of care.

It is our company’s belief that an individualized healthcare plan is the most important part to a healthy and quick recovery. The majority of the patient rooms in our hospitals are private rooms. There are Monitored Observation units in each hospital to provide the best possible care for patients who need an intensive level of care. Our hospitals are breaking away from the traditional “hospital“ feeling by integrating interior designs that blend home-like settings into our clinical environments.

We promote a healing and nurturing environment responding to the medical, physical, psychological and social needs of our patients and families. We ensure that all regulatory compliance requirements are met and we go that extra mile in ensuring quality care is provided by our hospital staff and medical staff.

WHAT IS AN LTAC HOSPITAL
Within the continuum of healthcare, long-term acute care hospitals (also known as “LTACs”) provide specialized acute care for medically complex patients who are critically ill; have multi-system complications and/or failures and require hospitalization. The average a length of stay in an LTAC is about 25 days or more. The LTAC offers specialized treatment programs and aggressive clinical and therapeutic intervention on a 24-hour/7-day-a-week basis. Most of the patients are admitted directly from a short-stay acute care hospital with respiratory or ventilator-dependent conditions or other complex medical conditions requiring aggressive and continuous acute care services.

An LTAC is not a nursing home or other lower level of care. Our patients are acutely ill, and require specialized clinical programs and intensive nursing intervention.

TYPES OF DIAGNOSIS:
-Chronic Cardiac Disorders
-Neuromuscular/Neurovascular Diseases
-Methicillin-resistant Staph Aureus (MRSA)
-Complex Orthopedic Conditions
-Wound Care Complications
-Multi-systems Organ Failure
-Immuno-suppressed Conditions
-Respiratory Failure
-Dysphasia Management
-Post-operative Complications
-Chronic Nutritional Problems
-Total Parenteral Nutrition(TPN) Issues

Progressive HealthCare Clinical Programs

Medically Complex
-CABG/Cardiothoracic Surgery
-AMI, Angina, CHF
-Cardiac Arrhymias
-Septicemia
-GI Disorders/Hemorrhage
-Diabetes
-Nephrology

Pulmonary Care
-Ventilator Management
-COPD, Respiratory Edema
-Pneumonia,Respiratory Infections
-Weaning Protocols

Wound Care
-Post Surgical Trauma
-Cancer Patients
-Pressure Ulcers
-PVD
-Debridement

Transitional Rehabilitation
-CVA
-Cardiac Rehabilitation
-Pulmonary Rehabilitation
-Degenerative Nervous Systems Disorders

Current Projects
-Progressive Hospital of Fort Wayne:
In September 2006, we began a complete remodel of an existing health care facility, located in Indiana. This 48 bed hospital is now open and Medicare Accredited.

Contact Progressive Hospital of Fort Wayne at: Office 260-399-2900 Fax 260-399-2985 2626 Fairfield ave., Fort Wayne, Indiana, 46807 Projected Look
-Progressive Hospital of Merrillville:
In January 2007 we broke ground on a 33,000 square foot, 40 bed facility. This hospital is a completely new state of the art facility located in Crown Point, Indiana. This hospital opened in June 2008.

Main 219-472-2200 Fax 219-427-2147 9509 Georgia St., Crown Point, Indiana, 46307 Management Team
Progressive Healthcare's management team has extensive experience in the healthcare industry. Our scope of experience spans executive corporate management, contract service management, clinical expertise, market analysis to include building and design services and development of physician partnership arrangements.

To learn more about our executive team contact:

Herbert Iwer, Chief Executive Officer-hiwer@progressivehealthcareinc.com
Morrie Maple, Corporate Director of Acquisitions-mmaple@progressivehealthcareinc.com
Andrea Iwer, Corprate Executive Director-aiwer@progressivehealthcareinc.com
Betty Whitfield, Chief Financial Officer-bwhitfield@progressivehealthcareinc.com
Laura Gallagher, Corporate Clinical Executive Director-lgallagher@progressivehealthcareinc.com

Employment Opportunities
If you have inquiries on availability of employment, please contact us at:
Hr@progressivehealthcareinc.com

New Affiliate

Progressive Healthcare is pleased to announce our new affiliates, PROGRESSIVE ACUTE CARE, LLC.
For more informtion please contact.
Dan Rissing, CEO-djrissing@bellsouth.net
Wayne Thompson, CFO-mailto:wayne_thompson1@hotmail.com

News Releases
If you would like to know more please see our press releases, below.
-Fort Wayne, In.
-Merrillville, In.
-Broadlane

CONTACT US
Email to: Corporate@progressivehealthcareinc.com
Office 843-278-5885 Fax 843-408-0197 1824 First Drive, Charlston, South Carolina 29407

News Releases

Fort Wayen, In.
Released on June 28, 2006
By Ryan Lengerich and Jennifer L. Boen, The New-Sentinel

A South Carolina health-care group wants to convert an abandoned nursing home south of downtown into a long-term-care hospital, creating jobs and revitalizing a blighted building.

Progressive HealthCare, Inc. of Johns Island, S.C., plans to gut and renovate the three-story structure at 2626 Fairfield Ave., and open an acute-care hospital in its place, according to documents filed Tuesday with the city. The hospital would create more than 80 clinical and nonclinical jobs.

Set to open in March, it would revitalize the building where Fairfield Village -- formerly Anthony Wayne Healthcare Center -- closed in November 2001, leaving behind more than 100 workers and 55 nursing home residents, according to News-Sentinel archived reports.

In all, $6.3 million in renovations will include a complete overhaul to the 35-year-old structure's interior to meet hospital safety code standards, and the exterior will be given a facelift. The grass is cut and bushes trimmed at the vacant structure directly across from the Boys and Girls Clubs of America, but peeling paint and some damage to the exterior are clearly visible.

Morris Maple, corporate director of acquisitions for Progressive HealthCare, did not return phone calls requesting comment Tuesday.

The Progressive Long Term Acute Care Hospital of Fort Wayne "will provide acute care to medically complex patients who require critical care for an extended period of time," according to the documents. It will offer specialized programs for pulmonary disease, neurological disorders, musculoskeletal impairments, multiple trauma, acute infections, wound management and other conditions.

Progressive HealthCare is requesting a use variance from the Fort Wayne Board of Zoning Appeals. The board will vote on the project at a public hearing July 27.

If approved, the hospital will be one of only 16 in the state, said Eric Deckers, spokesman for the Indiana State Department of Health. Select Specialty Hospital, owned by Select Medical Corp of Mechanicsburg, Pa., is the only other long-term acute-care hospital in northeast Indiana. It is located in leased space on the seventh and eighth floors of St. Joseph Hospital, 700 Broadway.

Typical patients in such hospitals include those needing to be weaned from ventilators, those with neurological conditions requiring hospital-level care, or those who have multisystem needs such as orthopedic, cardiovascular and intravenous antibiotic requirements. They may range from accident victims to post-surgery patients with complications.

Long-term acute-care hospitals require dual licensure, Deckers said. They must be licensed by Indiana State Department of Health as a hospital, just as Dupont or Parkview hospitals are. But in order to receive Medicare reimbursement, which is a significant portion of payment for care for these kinds of facilities, they must also be licensed as long-term-care facilities and abide by those state and federal regulations covering long-term care, as well.

In 2005, Select Specialty Hospital in Fort Wayne added five beds to increase capacity to 32 beds. At that time, hospital officials said Select Specialty was averaging about 22 patients at any one time. One of the new suites in the hospital was designed to accommodate bariatric surgery patients who may require longer-than-normal hospitalization due to complications.

However, Ron King, director of provider relations at Select Specialty in Fort Wayne said the suite had not been used for such patients.

Select Specialty owns six hospitals in Indiana, King said. The second-closest long-term acute-care hospital to Fort Wayne is Renaissance Specialty Hospital in Muncie, which opened in the past two years.

According to the most recent data available from the American Hospital Association, Select Specialty in Fort Wayne treated 164 Medicare patients in fiscal year ending June 30, 2005. Patients stayed an average of 34 days, and total patient revenue for that year was $22.1 million.

In 2003, Taylor University purchased the Fairfield Avenue building in 2003 to use as student housing, said Steve Olson, school's vice president for finance and operations. But the potential costs for renovations and added parking were too high, he said. Taylor sold the property in October to Midtown Brown LLC for $260,000, according to the Wayne Township Assessor's office.

Fort Wayne, In
InsideIndianaBusiness.com Report
6/28/2006 6:13:31 AM
New Long-Term Acute Care Hospital Planned For Fort Wayne

FORT WAYNE, Ind. (June 27, 2006) – Progressive HealthCare, Inc. has announced plans to develop The Progressive Long Term Acute Care Hospital of Fort Wayne, a long term acute care (LTAC) hospital, in the former Anthony Wayne Living Center at 2626 Fairfield Avenue in Fort Wayne.

Following renovation costing approximately $6.3 million, the 50-bed facility will begin operations in March, 2007. The hospital will employ approximately 80 clinical and non-clinical staff members.

“We are excited to become part of the overall continuum of care for the community. Our demand studies show that Fort Wayne can support an additional 50 long term acute care beds,” said Herb Iwer, corporate CEO of Progressive HealthCare, Inc. “The hospital will offer a multi-discipline approach to caring for patients admitted to the hospital. We will make every effort to integrate into this medical community’s overall continuum of care and build relationships with the medical staffs and hospital executives of the Lutheran and Parkview systems.”

Progressive HealthCare Hospital of Fort Wayne is designed to provide acute care to medically complex patients who require critical care for an extended period of time. Progressive will offer specialized programs for pulmonary disease, neurological disorders, musculoskeletal impairments, multiple trauma, acute infections, wound management, end-stage renal disease, cardiac recovery and many other disorders. The hospital will be licensed as an acute care hospital in the state of Indiana, will be Medicare-certified and will accept referrals from all hospitals within the Fort Wayne Metropolitan Statistical Area (MSA).

“Fort Wayne is once again recognized for providing a great environment for development and growth of the healthcare industry,” stated Fort Wayne Mayor Graham Richard. “In addition to the increased depth of health care, Progressive Hospital will have a positive impact on housing and business values in the community by creating a thriving business in a facility on the South Side that has been vacant for two years.”

The city will consider a Board of Zoning Appeals application and abatement of property taxes related to the project. More information on Progressive HealthCare, Inc. is available at www.progressivehealthcareinc.com.

Source: Fort Wayne-Allen County Economic Development Alliance

Broadlane
News and Events
Media Contact: Jim Webb
972.813.7782
jim.webb@broadlane.com

Progressive Healthcare Selects Broadlane for Supply Chain Services
Dallas - Apr. 09, 2007 -Broadlane announced today that Progressive Healthcare, Inc., Johns Island, South Carolina, has selected Broadlane to provide an array of supply chain services under an exclusive agreement. Financial terms were not announced.

Progressive Healthcare, Inc. owns and operates Long Term Acute Care (LTAC) hospitals. Under the agreement, Broadlane will provide Progressive Healthcare with its high-powered national supply chain services for consumable supplies and equipment, pharmaceuticals and purchased services and technology to help them manage their supply spend.

Progressive Healthcare will be opening three new facilities within the next 12 months. Each new facility will consume approximately $2.4M dollars annually in supplies.

As a fast-growing, new company, Progressive Healthcare had the opportunity to choose any GPO as our supply chain partner, however Broadlane’s reputation for results and integrity made them the perfect partner for us,” said Herb Iwer, Progressive Healthcare’s chief executive officer.

“Our clients come in all sizes," said David C. Ricker, Broadlane's president and chief operating officer. “While we serve some of the largest systems in the industry, new companies like Progressive are just as important to our client base. We plan to grow with them.”

About Progressive Healthcare

Progressive HealthCare specializes in providing the finest in Long Term Acute Care (LTAC) hospitals. Their facilities are referred to as “An Acute Care Alternative.” They work with local general acute care facilities as a continuation of patient care for those patients requiring a “hospital level” of care while transitioning to home, home health care, skilled nursing, rehabilitation facilities, or other post acute care levels. Based near Charleston South Carolina, their current hospital markets are Ft Wayne Indiana, Merrillville Indiana, and Dallas Texas.

About Broadlane

Broadlane is a leading supply chain services company serving thousands of acute care hospitals, ambulatory care facilities, physician practices and other healthcare providers throughout the United States.

Broadlane provides comprehensive supply chain services including:
- High-powered national & custom contracting
- Innovative purchasing, analytics and reporting
- Deep clinical & operational expertise
- "High-touch" client service

Broadlane's clients include leading providers such as Advocate Health Care, Ascension Health, CHRISTUS Health, Continuum Health Partners, Kaiser Permanente, Kindred Healthcare, New Hanover Regional Medical Center, Tenet Healthcare, The Health Alliance of Greater Cincinnati, Universal Health Services, US Oncology, Sisters of Charity of Leavenworth Health System, UMass Memorial Health Care and William Beaumont Hospitals.

The company is headquartered in Dallas with offices in California, New York and Ohio. For more information, visit www.broadlane.com.

Fort Wayne, In
The News-sentinel
June 14, 2007

The average length of an inpatient stay in an Indiana hospital is 5.2 days, according to the Indiana Hospital & Health Association, a fraction of what it was two or three decades ago. Changes in the Medicare payment system in the 1980s spurred hospitals to discharge patients sooner - hospitals are not reimbursed for "extra" days.

"But there were a lot of factors to suggest there's a level of care that needed to be delivered," that was too costly in a traditional hospital, said Bob Morr, vice president of the Indiana Hospital and Health Association. Thus was born the concept of long-term acute-care hospitals, known in the hospital industry as LTACs, where 25-day stays are the standard.

A new LTAC - Progressive Long-Term Acute Care Hospital of Fort Wayne - is slated to open in August at 2626 Fairfield Ave., in a former 3,800-square-foot nursing home. It will be the first free-standing long-term acute-care hospital in the area.

Funding for the 48-bed hospital comes from the venture capital group Real Estate Investment Trust. Investors have committed $100 million for building 10 LTACs around the country during the next few years, said Herb Iwer, chief executive officer of Progressive Healthcare of John Island, S.C., the developer. REIT owns the property, and Progressive runs the hospitals.

Northeast Indiana's only other LTAC is the 32-bed Select Specialty Hospital, owned by Select Medical Corp. of Mechanicsburg, Pa., which leases space on the seventh floor of St. Joseph Hospital.

Progressive will have 24 beds on the second and third floors. On the first floor will be offices, a cafeteria and therapy services. The hospital also will have its own pharmacy.

Patients who enter an LTAC may have had a massive stroke, post-surgery complications, head trauma from an accident or other medical conditions that require the level of care given in a hospital but that are too complex and require lower nurse-to-patient ratios than are available in a nursing home.

"Patients are coming to us with multi-system failure or problems," said Carolyn Gray, the hospital's administrator.

No more than five patients to a nurse is the standard; the beds on the second floor of the hospital have a ratio of two to one.

These are patients who are not medically ready to enter a rehabilitation facility. Some may be in a coma and on ventilators, but Gray said in her experience at two other LTACS, "Eighty percent of my patients went home."

"We have a different environment here than in a traditional hospital," she said. Family can visit at any time. You won't find the colors and furniture in most hospitals. You won't hear overhead paging; nurses have pagers with them at all time.

"Here, you get to know the patients very well. They are like family," Gray said.

Eighty percent of patients will be on Medicare, Iwer said. Payment is based on the diagnosis, as it is for a traditional hospital. But an LTAC gets a lower rate than the traditional hospital, which is why patients can stay longer.

"We are paid a flat amount based on the (diagnosis)," said Iwer, a pharmacist by training. "If a patient needs to be here six months, then that's what they'll get."

Gray said increasing and maintaining patients' strength and keeping them free from infection are primary goals.

"Some have stage 3 or 4 skin wounds," she said - the most severe levels of bed sores. "Skin integrity is really high on our priorities," Gray said, noting a woundcare specialist will be part of the staff. Local doctors can apply for privileges at the hospital.

Gray said as she has been meeting with area hospitals, "They're telling us doctors can't wait until we open."

The reception from the hospital's neighbors has been overwhelmingly positive, Iwer said, boasting: "This is the best response of any place we've been."

Iwer said he's hearing the new hospital eases the loss to the neighborhood of the old Lutheran Hospital, bringing jobs and vitality to the area. About 80 to 100 people will be employed at the hospital when it is fully operational.

In Indiana, long-term acute-care hospitals require dual licensure, said Eric Deckers, spokesman for the Indiana State Department of Health. They must be licensed by the state as a hospital and as a long-term-care facility, abiding by state and federal regulations governing both.

The original building was gutted for all new electrical wiring, plumbing and elevators. MSKTD of Fort Wayne is the architect and general contractor. The hospital will lease additional parking across the street from the Boys & Girls Clubs of Fort Wayne.

Iwer also is overseeing the startup of two other Progressive LTACs, one in Merrillville and the other in Dallas.

The 40-bed Merrillville facility, which is being built from the ground up, is expected to open in December.

Hospital details
Address: 2626 Fairfield Ave.
Opens: August
Unique: It will be the first free-standing long-term acute-care hospital in the area.
Beds: 48

Copyright (c) 2007 The News-Sentinel

Fort Wayne, In

Created: Friday, June 15, 2007 8:25 AM EDT
Businesss Weekly

Speedy recovery for former nursing home
Progressive Hospital will offer long-term, acute-care services

A new long-term, acute-care hospital is expected to be open for business in August or September.

The former Anthony Wayne Living Center, south of downtown Fort Wayne near Fairfield Avenue and Beechwood Circle, has been completely gutted and is being remodeled into a facility for the longterm care of critically ill patients.

Progressive Hospital of Fort Wayne will have 48 beds in the threestory facility. All but two of the rooms will be private.

Almost nothing from the former nursing home was spared except the outside walls, concrete floors and some interior barrier walls during the construction process.

“Being a hospital, you can’t have any wooden frames,” said Rich Wismer, of MSKTD & Associates, the project’s architect. “All the non-load-bearing partitions were wood.”

Progressive HealthCare Inc., based in Johns Island, S.C., is building the facility. It has acute-care hospitals in Merrillville and Dallas, with more planned next year. The company is expected to take possession of the renovated building in Fort Wayne next month.

Once open, the hospital will begin its Medicare demonstration period, which lasts six months. During that time, federal regulators will check to see that Progressive follows correct procedures for patient care and other practices, said Carolyn Gray, CEO of the Fort Wayne hospital.

During that time, only one of the two floors with patient rooms will be used.

Progressive Hospital will specialize in patients who require critical care for an extended period. It will have programs for pulmonary disease, neurological disorders, multiple trauma, acute infections and other disorders.

The hospital will be able to care for burn victims as well as patients who are in a coma.

The average patient stay is expected to be 25 days, Gray said.

“This gives people another option to make sure the patient is moving around the system,” she said.

In addition to the private rooms, there will be a pharmacy and rehabilitation center. The rehab program will provide only limited recovery assistance to patients. A high observation area will allow nurses and other staff to pay special attention to a bank of four rooms with patients whose conditions require close monitoring.

The $6.3-million renovation began in December and still has a long way to go. Contractors on June 12 were adding stone work on the building’s exterior, as well as working on interior and exterior walls.

When it is ready, the hospital will begin seeking referrals from doctors, family members and care managers. Gray said company projections show the number of eligible patients will grow over time, especially as more people learn about the facility.

“We’re going to start out slow and build our reputation,” she said.

Several managers already have been hired and ads will be run to recruit nursing and other staff members, Gray said. When completely operational, the hospital will have the equivalent of about 120 full-time employees.